They had stronger than expected earnings. I'm looking to buy this, as it might try to close its gap. checkout HUM too.
I was in it this morning. Got stopped out twice. Gave up. It just had a good run up and I was tempted to jump in but there are safer plays out there. Potential drops of $0.50 past the stop price just aren't my idea of a good strategy.
My guess is it will close around $116-117 today, or even higher, and probably will move even higher tomorrow (depending on the price of oil). But it's just a guess - too risky for my taste.
im sure quite a few traders tried to pick a bottom in FSLR and got hurt. Falling knife strategy is so should test $100 level...
I only daytrade. But if I were to pick a long-term direction I'd say long. Solar stocks have been on fire lately. I guess if it goes south and breaks $175-174 level short would be more likely. But as long as it holds 175 I'm thinking long back to $207 level. Of course I'm by no means an expert. Do not listen to me.